Word: centralizes
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...kinds of U.S. debt, including Treasuries. Such fears say a lot about this country's newfound financial dependence. So does Paulson's preference for making announcements on Sunday--just before the markets open for the week in Asia. "I suspect this is the first case where foreign central banks exercised their leverage as creditors to push the U.S. government to make a policy decision that protected their interests," wrote Brad Setser, an economist at the Council on Foreign Relations who closely tracks capital flows. One suspects it won't be the last...
...time to come together to shape the course of history. After 9/11, all Americans were ready to answer a call to service, but it didn't come. I will issue that call, and make it a central cause of my presidency...
...While the economics department was hoping for Ec10 to count toward The United States in the World, some on the Gen Ed committee thought it might be better suited for Empirical and Mathematical Reasoning. The deadlock was due in part to Gen Ed’s central claim to focus more on subject matter than “ways of knowing,” as well as the indefinite nature of the United States in the World category. There was also concern that since over 900 students take Ec10 every year, the class might monopolize a Gen Ed category...
...meet another Dave, a politician seeking the highest office in Britain. This evening he'll speak in the town hall, in a room overlooking "Sock Man," a bronze figure naked except for one sock and a strategically positioned leaf. It's a monument to the hosiery industry in this central England town - not quite Berlin's Siegessäule, the portentous backdrop to Barack Obama's big foreign policy speech in July. David Cameron, leader of the Conservative Party and (barring a dramatic reversal in the polls) Britain's Prime Minister-in-waiting, is wary of appearing hubristic...
...Even those Catholics who do follow their faith have little hope that Benedict's four-day visit - which will include a mass in central Paris and a visit to the southwest pilgrimage town of Lourdes - can make a real difference. "It will create a buzz, but I don't think it will create a very deep feeling of religion," said Guillaume de Galard, 32, exiting mass on a recent Sunday in downtown Paris. "It will only exist for his time he's here...